federal_register: 2018-12267

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2018-12267 Securities Transaction Settlement Cycle Rule The OCC and the FDIC ("Agencies") are adopting a final rule to shorten the standard settlement cycle for securities purchased or sold by national banks, federal savings associations, and FDIC- supervised institutions. The Agencies' final rule is consistent with an industry-wide transition to a two business-day settlement cycle, which is designed to reduce settlement exposure and align settlement practices across all market participants. 2018-06-07 2018 6 https://www.federalregister.gov/documents/2018/06/07/2018-12267/securities-transaction-settlement-cycle https://www.govinfo.gov/content/pkg/FR-2018-06-07/pdf/2018-12267.pdf Treasury Department; Comptroller of the Currency; Federal Deposit Insurance Corporation 497,80,164 The OCC and the FDIC ("Agencies") are adopting a final rule to shorten the standard settlement cycle for securities purchased or sold by national banks, federal savings associations, and FDIC- supervised institutions. The Agencies' final rule is...  

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